There’s a lot that goes into running a business, and sometimes errands and such might require your employees to go mobile and drive. If your employees ever have to drive their own personal cars for business use, you could be opening up your business to risk. Sure, your employees are good drivers and you don’t feel the need to grab a crash helmet knowing they share the roads with you.
If you have a small business, your employees might have to use their own personal cars in the course of their jobs. They might meet with clients, pick up supplies, run errands for your business, or attend conferences. Even though your employee is driving their own car with their own auto policy, they’re only driving because they’re conducting business for you. If you have commercial auto insurance, you might think you’re covered.
But there’s a catch – commercial auto policies only protect you when employees are driving a work-owned vehicle for company business. It doesn’t apply to an employee’s personal vehicle. This is where another kind of auto insurance – hired and non-owned auto coverage – comes in to protect your business if you’re found to be at all accountable. Let’s take a look at hired and non-owned auto insurance.